VasilyTrader

very overbought market on wti, looking for pullback

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FX:USOIL   原油差价合约(WTI)

hey guys,

wti is currently very overbought and I am looking for counter trend trades.
on 1H chart we see a formation of a descending triangle in an uptrend.
It is a very important reversal pattern and it is worth to focus your attention on it.

just wait and sell the breakout of the triangle's support.

your target will be based on structure around 60.0 level.

good luck!
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